Surfside condo collapse victims reach $997 million settlement

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Surfside condo collapse victims reach $997 million settlement

Victims of the Surfside condominium collapse and their families have reached a proposed $997 million settlement with insurers and others, the Wall Street Journal reported on Wednesday, citing an agreement announced during a court hearing.

Nearly 100 people were killed when the 12-story residential building near Miami Beach collapsed in 2021. Crews searched through rubble for more than a month to recover and identify victims’ remains.

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